Which cryptocurrencies are included in the different OTC market tiers?
Barron DavidsenDec 27, 2021 · 3 years ago3 answers
Can you provide a detailed list of the cryptocurrencies that are included in the various tiers of the OTC market?
3 answers
- Dec 27, 2021 · 3 years agoSure! The OTC market is divided into different tiers based on the liquidity and trading volume of cryptocurrencies. In Tier 1, you'll find popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These are the most liquid and widely traded cryptocurrencies. Tier 2 includes cryptocurrencies with a moderate level of liquidity, such as Litecoin (LTC), Bitcoin Cash (BCH), and Cardano (ADA). In Tier 3, you'll find cryptocurrencies with lower liquidity and trading volume, such as smaller altcoins and tokens. It's important to note that the specific cryptocurrencies included in each tier may vary depending on the OTC market platform or exchange you're using. Make sure to check with your preferred OTC market provider for the most up-to-date information.
- Dec 27, 2021 · 3 years agoThe OTC market tiers for cryptocurrencies can vary across different platforms and exchanges. However, some commonly included cryptocurrencies in Tier 1 are Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Tier 2 often includes cryptocurrencies like Ripple (XRP), Bitcoin Cash (BCH), and Cardano (ADA). Tier 3 typically consists of smaller altcoins and tokens with lower liquidity and trading volume. Keep in mind that the availability of specific cryptocurrencies in each tier may change over time as the market evolves. It's always a good idea to consult the OTC market platform or exchange you're using for the most accurate and up-to-date information.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a popular OTC market platform, the cryptocurrencies included in the different tiers are as follows: Tier 1 - Bitcoin (BTC), Ethereum (ETH), Ripple (XRP); Tier 2 - Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA); Tier 3 - Various smaller altcoins and tokens. It's important to note that the availability of cryptocurrencies in each tier may vary across different OTC market platforms and exchanges. It's always recommended to check with your preferred platform or exchange for the most accurate and current information on the cryptocurrencies included in each tier.
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